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Mortgage Market Update

click for larger imageTreasuries and mortgage rallied Friday on yet another weaker than expected employment report for July. Tomorrow Treasury begins its quarterly refunding with $34B of 3 yr notes auctioned at 1:00. The key economic data this week doesn't hit until Thursday and Friday with weekly claims, July retail sales, July CPI and the mid-month U. of Michigan consumer sentiment index. So far this morning the rate markets are managing to hold Friday's gains.

Want to know more on how the Mortgage Market directly effects mortgage rates or need an explanation of the candlestick chart above? Send us an email and we'll gladly provide an in depth article.  Realtors, ask about a detailed presentation on the Mortgage Market at your next office meeting.

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Tuesday
Jan122010

Joe Avila - Client

DateTuesday, January 12, 2010 at 4:55PM

I closed on my house yesterday with no problems or hitches.  I just wanted to thank you for helping me along the way.  I know that it's your job, but you do it in a way that personalizes it and I don't think I would have survived all my obstacles without your guidance and assistance.  Beyond your business expertise, you are a beautiful person in appearance and character.  I think you went far beyond what you had to do to help and work with me and I really do appreciate it.  It was as if you held my hand when it seemed the world was trying to keep me from getting this house.  I will recommend you to anyone I come across.  I will remember you and will always be grateful.

Joe Avila



AuthorPamela Crim | Comments Off |
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